Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public launch, pricing its 22 million shares on offer at … Read more
U.S. authorities dismantled key infrastructure behind major crypto credential thefts, seizing domains used to control malware that looted millions of wallets and logins. DOJ Shuts off Access to Stolen Crypto Wallet Data in Federal Domain Seizure The U.S. Department of Justice (DOJ) announced on May 21 that it has seized five domains linked to the … Read more
Bitcoin is just 3% shy of a new all-time high, and the current market structure suggests a breakout is imminent. Key technical signals point to strong bullish momentum. Bitcoin (BTC) is on the verge of making history again as it approaches a new all-time high. After months of bearish structure defined by the 21 EMA, … Read more
The world of cryptocurrency is notorious for its rapid pace of change and its ability to surprise even the most seasoned observers. Recently, the head of one of the largest crypto exchanges weighed in on this phenomenon, highlighting the remarkable journey of the pioneering digital asset. Binance CEO Richard Teng took to social media to … Read more
On Wednesday, the leading crypto asset bitcoin, vaulted over another price barrier, reaching $110,730 per coin. Bitcoin Rockets to $110,730 — Is the Next Stop a Moonshot? Throughout the day, bitcoin tapped fresh highs multiple times, with the latest peak hitting $110,730 per unit. At that point, BTC appeared to settle, hovering just below the … Read more
In brief It’s only Wednesday, and U.S. investors have plowed nearly $1 billion into spot Bitcoin ETFs. The price of BTC has reached a new high. Bitcoin ETFs in the U.S. have accumulated over $42 billion in net flows. Investors poured nearly $1 billion into the new American Bitcoin ETFs, helping to drive the price … Read more
Key Points: Circle launches USDC-powered payment network targeting international B2B transactions. Revolutionizes cross-border payments via USDC. Expands stablecoin utility and market reach globally. Circle announced on May 21 the official launch of its Circle Payments Network (CPN), marking a significant advancement in the stablecoin-driven cross-border payment sector. The initiative underscores Circle’s aim to streamline international … Read more
Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not a financial product. The Australian Securities and Investment Commission (ASIC) said on May 21 that it wants to ask the High Court of Australia to … Read more
Bitcoin is charging toward a potential $150K by August as explosive chart formations signal unstoppable momentum and historic upside. Peter Brandt Says Bitcoin May Hit $150K by August—Chart Signals Align Veteran trader Peter Brandt offered a technical perspective on bitcoin’s recent price surge on May 21, following the cryptocurrency’s breakout to a new all-time high … Read more
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